For the first time ever, FNB data is showing that middle income earners are making fewer cash withdrawals at ATMs and instead opting to use point of sale devices, electronic transactions and cash tills from select retailers. “For our Gold account customers who earn from about R80 000 to R300 000 a year, we are
InterCard, a German acquirer, has selected SIA, a company specializing in the management of electronic payments, to allow card payments in Germany with four new international schemes – Diners Club International, Discover, JCB and UnionPay. Thanks to SIA’s technological infrastructure, InterCard is now able to accept payments with cards issued on some of the most
Sage the market and technology leader for integrated accounting, payroll & HR and payment systems, announced that Sage One Payroll will be available in Kenya from 3 April. The cloud solution integrates with Sage One Accounting, offering a complete business solution for start-up and small businesses. This was announced at the recent Sage Summit Tour
There is a growing complexity in the payments security landscape. As the ecosystem evolves and more devices become connected, so too do the associated risks. Speaking before the PCI Middle East and Africa Forum held in Cape Town this week, Mauro Lance, Chief Operating Officer at the PCI Security Standards Council acknowledged that the profile
Merchant service provider, Kopo Kopo, announced their partnership with Mastercard to roll out Masterpass QR across 11 markets in Sub-Saharan Africa, impacting over 250,000 micro and small businesses over the next five years. The mobile payment solution will deliver an efficient and secure acceptance solution for micro, small and medium enterprises (MSMEs) and a convenient
Merchant service provider, Kopo Kopo, announced their partnership with Mastercard to roll out Masterpass QR across 11 markets in Sub-Saharan Africa, impacting over 250,000 micro and small businesses over the next five years. The mobile payment solution will deliver an efficient and secure acceptance solution for micro, small and medium enterprises (MSMEs) and a convenient
As more consumers embrace the ease and convenience of accessing banking services through their mobile devices, it is becoming more essential for them to protect themselves from fraudsters by constantly keeping up to date with the latest Apps and security measures. Kartik Mistry, Head of Smart Devices at FNB says, “Although technology allows you to
As more consumers embrace the ease and convenience of accessing banking services through their mobile devices, it is becoming more essential for them to protect themselves from fraudsters by constantly keeping up to date with the latest Apps and security measures. Kartik Mistry, Head of Smart Devices at FNB says, “Although technology allows you to
Diebold Nixdorf has formed a strategic partnership with Swedish software company, Datema Retail for mobile self-scanning solutions as part of it’s strategy to drive connected commerce in the retail market. With the mobile self-scanning solutions of Datema Retail, Diebold Nixdorf is adding a key component to its TPiSHOP self-scanning software solution that enables an enhanced
To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit has released new data showing that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts. Transfers to mobile money accounts make up 93% of WorldRemit transactions to Kenya now – showing that Kenyans continue to be early adopters of
